152 Walnut Street
152 Walnut Street
Waynesville, NC 28786
$2,350,000
- Lot Size: 0.47 Acres
Description
Clasic 1950s Brick Traditional Building walk to downtown Waynesville shops and restaurants . On site parking and mix use commercial zoning. Ten 1 bedroom units and One 2 bedroom apartment over garage. Ready for some TLC mostly cosmetic. Building does not have central AC so that upgrade would be essential for top rents. Fully rented with some updates should gross approximately. $12,000 mo. unless short term rentals were introduced. Short term rentals in that area should bring on approx $2,000 gross per 1 bedroom unit. This would most likely be the highest ad best use unless someone wants Office space / mixed use. Seller would consider Owner financing with substantial down payment. Property shares address 152 Walnut Street (main road frontage) but only has access off side street 38 Hazel.
Property Summary
| Property Type: | Commercial Sale | Property Subtype : | Hotel/Motel |
| Year Built : | 1953 | Construction Type : | Site Built |
| Lot Size : | 0.47 Acres |
Appliances
- Other
More Information
- Construction : Brick Full
- Parking : Driveway, On Street, Parking Lot
- Heating : Central, Natural Gas
- Cooling : Other - See Remarks
- Water Source : City
- Road : Publicly Maintained Road
- Listing Terms : Cash, Owner Financing
Based on information submitted to the MLS GRID as of 09-03-2025 07:14:04 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.